Zai Lab Limited (ZLAB)
NASDAQ: ZLAB · IEX Real-Time Price · USD
18.66
-0.14 (-0.74%)
At close: Jul 19, 2024, 4:00 PM
18.65
-0.01 (-0.05%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Zai Lab Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Zai Lab stock have an average target of 56.21, with a low estimate of 38 and a high estimate of 73.34. The average target predicts an increase of 201.23% from the current stock price of 18.66.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Zai Lab stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $43 → $38 | Buy | Maintains | $43 → $38 | +103.64% | Jul 12, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates n/a | Buy | Reiterates | n/a | n/a | Jul 1, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates n/a | Buy | Reiterates | n/a | n/a | Jun 25, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $123 → $66 | Strong Buy | Maintains | $123 → $66 | +253.70% | Feb 29, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Initiates $48 | Buy | Initiates | $48 | +154.56% | Dec 14, 2023 |
Financial Forecast
Revenue This Year
394.44M
from 266.72M
Increased by 47.89%
Revenue Next Year
589.53M
from 394.44M
Increased by 49.46%
EPS This Year
-0.31
from -3.50
EPS Next Year
-0.19
from -0.31
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 426.3M | 678.3M | 1.1B | 1.7B | 2.0B |
| Avg | 394.4M | 589.5M | 933.1M | 1.3B | 1.7B |
| Low | 357.7M | 507.6M | 725.1M | 1.1B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 59.8% | 72.0% | 89.3% | 78.1% | 54.9% |
| Avg | 47.9% | 49.5% | 58.3% | 40.9% | 32.7% |
| Low | 34.1% | 28.7% | 23.0% | 15.2% | 17.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.28 | -0.15 | 0.41 | 1.97 | 4.12 |
| Avg | -0.31 | -0.19 | 0.11 | 1.92 | 4.00 |
| Low | -0.32 | -0.25 | -0.10 | 1.84 | 3.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | 1,714.3% | 114.6% |
| Avg | - | - | - | 1,662.4% | 108.5% |
| Low | - | - | - | 1,593.3% | 100.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.